ABOUT REGISTERED CORPORATE COACH (RCC)

Registered Corporate Coach (RCC) is a highly respected global credential designed for professional business coaches at practitioner-level.

Those pursuing RCC are either beginning their journey as a business coach and may have had little or no previous experience with coaching, or already have some business coaching experience that they now wish to consolidate fully with best practice.

Professional business coaches at this level can access a strong foundation and the competencies and knowledge to apply their specialized skills to support clients, co-workers and organizations on a range of fixed agendas that are directly related to business and organizational goals and objectives.

Being an RCC means they can provide a professional offering.

PURPOSE OF CREDENTIAL

RCC:

TYPE OF CREDENTIAL

RCC is an independent, evidence-based credential (no prerequisite credential required*). 

*NOTE: Each WABC credential is intended to be a stand-alone credential, which enables you to choose the credential that is right for your professional role, previous coaching experience, skill level, ambition, goals and client and employer needs at any point in your career. Our non-linear approach is purposefully designed to offer flexible and responsive learning options and credentials.

GRANTING INSTITUTION

RCC is awarded by WABC, a global accrediting body headquartered in Canada.

ELIGIBLE CANDIDATES

You are an ideal candidate for RCC if:

HOW TO EARN RCC

To earn RCC, you must meet all these requirements:

HOW TO MAINTAIN RCC

As a foundational credential there are currently no ongoing requirements to maintain your credential. However, WABC fully expects RCCs to progress to an advanced WABC credential(s) as their career progresses.

HOW TO LIST RCC

The Registered Corporate Coach (RCC) credential must be listed in a specific way. Please log in to your dashboard for further guidance and access to your WABC RCC Promo Package.

REVISED DATE NOTE & LEGAL
REVISED DATE NOTE:

This revised edition reflects:

Despite these revisions, these standard have not changed.

LEGAL:

WABC reserves all rights in connection with the Registered Corporate Coach (RCC) Standards, including the right to change, replace or discontinue.

WABC BUSINESS COACHING COMPETENCIES

The business coaching competencies are divided into three areas:  

Each area includes a listing of competencies. Each competency is illustrated by examples of the behavior expected of a proficient master coach with at least five years of experience.

Newer business coaches are not expected to demonstrate every competency listed here. Rather, the competencies provide a framework against which individuals can map their training and experience. In this way, individual coaches can use the competencies to gauge their progress toward master-level proficiency.

STRUCTURE OF THE COMPETENCIES

To ensure clarity and to permit standard and fair evaluation, the competencies are arranged in a  hierarchical structure—areas (3), categories (15), competencies (37) and competencies’ indicators (249). This approach lends both structure and flexibility to the assessment process.

First, the competencies are divided into three “areas”:

Then, under each area, the levels range from “categories” (most comprehensive) at the top, through  “competencies” (specific) in the middle, to “indicators” (most specific) at the bottom. The following  excerpt from the beginning of the competencies illustrates the different levels.

EXAMPLE:

Self-Management–Knowing Oneself and Self-Mastery [area]

1) Knowing Yourself–Self-Insight and Understanding [category]

  1. Having ready access to your thoughts and feelings and being aware of how they affect your behavior [competency]
    • Be aware of your own emotions and able to recognize what you’re feeling at any given time [indicator]
    • Know the reasons why you feel the way you do [indicator]
    • Recognize how your feelings affect you and your work performance [indicator]

The indicators are very specific measures within each competency and are worded in such a way that individuals can rate themselves. It’s important to note that not all indicators (there are 249) are necessary or have equal weight in establishing a competency.

SELF-MANAGEMENT–KNOWING ONESELF AND SELF-MASTERY

1. Knowing Yourself–Self-Insight and Understanding

  1. Having ready access to your thoughts and feelings and being aware of how they affect your behavior

2. Acknowledging Your Strengths and Development Needs

  1. Having a realistic perception of your strengths and development needs–knowing your strengths and limitations and showing a commitment to continuous learning and self-development
  1. Self-belief–believing in your self-worth and capabilities

3. Self-Mastery–Managing Your Thoughts, Feelings and Behaviors in Ways that Promote Behavior Contributing to Career and Organization Success

  1. Self-regulation–managing your reactions and emotions constructively
  1. Integrity–choosing ethical courses of action and being steadfast in your principles and beliefs
  1. Self-responsibility–assuming personal responsibility and accountability for your performance
  1. Adaptability–flexibility in handling change
  1. Emphasizing excellence–setting for yourself, and confidently pursuing, challenging goals and high standards
  1. Initiative–taking independent action to change the direction of events
  1. Creativity and innovation–being receptive to new ideas and being able to generate alternative ways to view and define problems
CORE COACHING SKILL-BASE

1. Creating the Foundations for Business Coaching

  1. Working within established ethical guidelines and professional standards
  1. Agreeing on a clear and effective contract for the coaching relationship

2. Developing the Business Coaching Relationship

  1. Establishing trust and respect
  1. Establishing rapport

3. Promoting Client Understanding

  1. Listening to understand
  1. Questioning effectively
  1. Communicating clearly
  1. Facilitating depth of understanding

4. Facilitating the Personal Transformation

  1. Promoting action
  1. Focusing on goals
  1. Building resiliency
  1. Managing termination of coaching

5. Professional Development

  1. Maintaining and improving professional skills
BUSINESS AND LEADERSHIP COACHING CAPABILITIES

1. Alignment

  1. Understanding the business and displaying a strong grounding in business knowledge and competencies
  1. Demonstrating proficiency in systems thinking
  1. Aligning coaching initiatives with the business

2. Leadership Knowledge and Credibility

  1. Acting as a strong and influential role model
  1. Possessing thorough working knowledge of the world of the executive leader and leadership development
  1. Displaying highly developed communication and interpersonal competencies

3. Coach as Leader and Developer of Own Business

  1. Creating and managing business relationship networks
  1. Collaborating with other coaches
  1. Developing yourself in a business capacity

4. Partnerships and Engagement with Stakeholders

  1. Creating and maintaining partnerships with all stakeholders in the business coaching process

5. Understanding Organizational Change

  1. Understanding organizational behavior and organizational development principles

6. Assessment

  1. Assessing the client
  1. Assessing the individual and organizational benefits of business coaching

7. Respect for Diversity

  1. Having respect for and knowledge about multicultural issues and diversity
SOME BACKGROUND

Since 1997, WABC has been committed to defining and leading business coaching excellence.

In partnership with UK-based Professional Development Foundation, a leader in research and education in the professions, we spent years on in-depth research, literature reviews and consultations with some of the world’s top business coaches and their clients. One result of that immense effort was the detailed list of evidence-based professional competencies based on the real-world tasks of master coaches in small and large businesses, governments, institutions, nonprofits– any organizations where business coaches practice. To maintain its relevance as an accurate description of our profession, the competencies will continue to evolve, so we welcome your comments and advice.

REVISED DATE NOTE & LEGAL
REVISED DATE NOTE:

This revised edition reflects:

Despite these revisions, these standard have not changed.

LEGAL:

WABC reserves all rights in connection with the WABC Business Coaching Competencies, including the right to change, replace or discontinue.

WABC BUSINESS COACHING COMPETENCIES

STRUCTURE OF THE COMPETENCIES

To ensure clarity and to permit standard and fair evaluation, the competencies are arranged in a hierarchical structure—areas (3), categories (15), competencies (37) and competencies’ indicators (249). This approach lends both structure and flexibility to the assessment process. 

WABC’s competencies cover an impressive breadth and depth of practice expected of a proficient master coach with at least five years of experience. Newer business coaches are not expected to demonstrate every competency. Rather, the competencies provide a framework against which individuals can map their training and experience. In this way, individual coaches can use the competencies to gauge their progress toward master-level proficiency.

SUMMARY OF THE COMPETENCIES
PROGRAM ACCREDITATION LEVEL GUIDANCE

High level guidance for WABC Accredited Programs offering business coach training

WABC Accredited (Level 1 – RCC) & WABC Accredited (Level 2 – CBC)

*Appropriate competencies and indicators must be included in your program.
**All competencies and indicators must be included in your program.
***Appropriate competencies and indicators must be included in your program.

WABC Accredited (Level 3 – CMBC)

*All competencies and indicators must be included in your program.
**All competencies and indicators must be included in your program.
***Appropriate competencies and indicators must be included in your program.

SOME BACKGROUND

Since 1997, WABC has been committed to defining and leading business coaching excellence.

In partnership with UK-based Professional Development Foundation, a leader in research and education in the professions, we spent years on in-depth research, literature reviews and consultations with some of the world’s top business coaches and their clients. One result of that immense effort was the detailed list of evidence-based professional competencies based on the real-world tasks of master coaches in small and large businesses, governments, institutions, nonprofits– any organizations where business coaches practice. To maintain its relevance as an accurate description of our profession, the competencies will continue to evolve, so we welcome your comments and advice.

REVISED DATE NOTE & LEGAL
REVISED DATE NOTE:

This revised edition reflects:

Despite this revision, these standard have not changed.

LEGAL:

WABC reserves all rights in connection with the WABC Business Coaching Competencies, including the right to change, replace or discontinue.

OPEN LETTER FROM THE WABC FOUNDER
MESSAGE TO YOU

Dear Colleagues—

The Worldwide Association of Business Coaches (WABC) strives to be on the leading edge in all aspects of its work. Our Code of Business Coaching Ethics and Integrity is no exception. As the foundation of everything we do, this Code embodies the highest set of principle-based commitments that we apply to our business interactions and decision making.

How we got here

In November 1999, we published the Member Code of Ethics and Conduct, a set of personal commitments voluntarily made by all members of the Association. Later, rapid growth and change in the industry led us to revise our Code so that it reflected the core philosophies and integrity of our expanding global Association.

From March to June 2003, an Ethics and Integrity Expert Advisory Task Force was assembled to revise the Code, to establish a process for handling ethical dilemmas and issues, and to recommend a monitoring and reviewing system for our ethics program. World-renowned business ethics expert Errol P. Mendes, LLB, LLM, acted as chair, and the task force members came from four different countries. As well, the Association membership had the opportunity to participate in various phases of the work, including the membership-wide ethics survey in March and the final feedback on the new Code in July, before its publication in October 2003.

A unique and advanced Code

After reviewing membership feedback, analyzing other associations’ codes and complaint processes, and researching related documents, the task force unanimously agreed that a brand new Code would best address the diverse range of business interactions and decisions faced by our members around the world.

Thanks to expert guidance and substantive revision, our current Code embodies the highest ethical standards in the industry. It includes our Business Coaching Definition, our Principles, and our Safe Harbor Conciliation and Adjudication Process. It’s simply the most unique and advanced code of its kind in the world today.

Who benefits from the Code?

Our Code is intended for WABC members and their clients. The term ”client” may include client, coachee, colleague, learner, mentee, partner or student.

Our conciliation, adjudication, monitoring and review processes

We make our Code a living document through our Safe Harbor Conciliation and Adjudication Process. This process requires active participation from both WABC and members. It is monitored continuously and reviewed annually to ensure that it stays relevant.

The WABC Ethics and Integrity Committee oversees the consultation, adjudication, monitoring and review processes.

Our enduring mutual commitments

Our Code provides direction in times of uncertainty and operates in concert with WABC’s guiding philosophies. While the Code can’t possibly address every ethical matter, it can help us think deliberately and deeply about how to appropriately conduct our business affairs across disparate business contexts and cultures. The Code can also stimulate dialogue and debate on ethical challenges in the future.

The success of this dynamic Code lies in the enduring mutual commitments between WABC and our members. I welcome your full support as we move ahead during these opportune times.

Looking forward,

Wendy Johnson
WABC Founder & President/CEO
December 17, 2007

WABC CODE OF BUSINESS COACHING ETHICS AND INTEGRITY

our principles

We, as members of WABC, commit ourselves to:

  1. Maintaining the highest ethical standards with our clients, our fellow members and WABC. These standards are founded on advancing the best interests of the client, the emerging profession of business coaching, the Association and the general public. We fully accept that the fundamental principle of our emerging profession is to do no harm and to promote and protect human dignity and diversity.
  2. Maintaining the highest ethical standards in the publicity and marketing of our services, including offering only those services in which we have appropriate expertise or training.
  3. Making clear to our clients what can reasonably be expected of our business coaching services, and striving to ensure that our clients fully understand the terms of our coaching agreement. We will avoid making false claims, giving misleading information or raising false expectations with our clients.
  4. Maintaining the strictest levels of confidentiality with all client information. We will ensure that our coaching service agreements clearly define which information can and cannot be disclosed. In the course of providing coaching services, there will be no unauthorized disclosure of client information (including the client or company name).
  5. Offering and performing our services in the interests of the client. We will not engage in conduct that may compromise client interests with a view to obtaining other contracts from third parties, including parties that may be compensating us for our services.
  6. Avoiding all conduct that amounts to sexual, racial or other forms of discrimination, harassment or inappropriate relations with clients or their colleagues or superiors.
  7. Maintaining the highest ethical standards in our relationships with business coaching colleagues at WABC and elsewhere, and respecting their professional contributions and work. We will only use information about WABC members in an appropriate manner, as authorized by the Association.
our safe harbor conciliation and adjudication process
  1. By virtue of their membership in WABC, all member coaches have agreed to abide by the Safe Harbor Conciliation and Adjudication Process.
  2. The Safe Harbor Process may be triggered if there is a concern related to the WABC Code and the concern involves WABC, a member coach or a client of a member coach.
  3. The first stage of the Safe Harbor Process is the consultation stage. At this stage, the concern will be reviewed to determine whether further steps are necessary.

    If the concern relates to WABC, and/or to its President and CEO, an independent third party will be chosen by mutual agreement by the parties involved from a roster to be established by the WABC President and CEO. If the parties involved cannot reach a mutual agreement, the WABC President and CEO will designate an independent third party.

    If the concern relates to a member coach or a client of a member coach, WABC, through its President and CEO, will designate an appropriate party to review the matter. This party may be an independent WABC member.

    The independent third party will review the concern with all individuals involved, with the objective of reaching an amicable resolution. The independent party will allow all parties a reasonable opportunity to provide relevant information and responses to any positions taken by other parties.
  1. If the first stage of the Safe Harbor Process is unsuccessful, the concern will move on to the second stage, adjudication. At this stage, the concern will be considered further through a more formal hearing.

    If the concern relates to WABC, and/or to its President and CEO, a panel of three people will conduct the hearing. The panel members will be chosen by mutual agreement by the parties involved from a roster to be established by the WABC President and CEO. If the parties involved cannot reach a mutual agreement, then the WABC President and CEO will designate one panel member, the other party (or parties) involved will designate a second panel member, and those two panel members will designate the third panel member.

    If the concern relates to a member coach or a client of a member coach, WABC, through its President and CEO, will designate a panel of three people from a roster to be established by the WABC President and CEO.

    In either case, the adjudication panel will receive information and responses from all individuals involved, with the objective of establishing whether the integrity of the WABC Code was affected by the concern raised. The independent third party from the consultation stage will not take part in this formal adjudication.

    The panel members, after satisfying themselves that they have all the relevant information and positions, will then determine whether the integrity of the WABC Code was affected by the concern raised. If they conclude that this was the case, they will recommend measures to preserve the integrity of WABC and restore the ethical balance between parties. These measures could include formal apologies, mandatory training, sharing of benefits and/or punitive actions (e.g., withdrawal of membership or credentialing, measures affecting WABC or its President and CEO).

At all stages of the Safe Harbor Conciliation and Adjudication Process, parties are encouraged to settle their concerns amicably and with a view to restoring the ethical integrity and balance of all involved.

WABC ETHICS AND INTEGRITY COMMITTEE

Members of this committee are very seasoned business coaches with substantial experience and a demonstrated record of maintaining impeccable integrity, confidentiality and impartiality.

Committee members are available to receive and respond to any ethics inquiries, concerns, or complaints from our members, or their clients.

SOME BACKGROUND

WABC reserves all rights in connection with the WABC Code of Business Coaching Ethics and Integrity, including the right to change, replace or discontinue.

OPEN LETTER FROM THE WABC FOUNDER & TASK FORCE CHAIR
OUR MESSAGE TO YOU

Promoting excellence in business coaching is at the heart of everything WABC does. Now, to cap off years of standards-related projects that address the ethics, integrity, competency, professional responsibility, credentialing and training of business coaches, we are proud to establish the WABC Professional Standards for Business Coaches, the first-ever set of international, association-sponsored professional standards for business coach practitioners.

Why professional standards?

The WABC Professional Standards for Business Coaches describe the practice of business coaches: what we do and don’t do. The document is intended to educate coaches, clients and the public, and to help clients and their sponsors and organizations understand what to expect from business coaching. 

In adopting professional standards, business coaching joins comparable occupations (e.g., psychology, human resources and management) in defining what makes our practice, and its contribution to clients, distinct. In doing so, we hope to further standardize the emerging profession and its practitioners, for the benefit of our clients and for the good of the public.

How were the standards created?

The WABC Professional Standards for Business Coaches are based on the real-life practice of business coaches around the world. 

The standards began as a discussion paper drafted by the Professional Development Foundation (PDF), a world leader in research and education in the professions. The discussion paper reviewed 50 professions, examined professional standards in coaching and related fields (ranging from teaching to business consulting to health and psychology) and presented possible standards for business coaches.

A global task force of senior business coaches then reviewed and debated the PDF paper, producing draft standards for WABC members to review. Based on the member review, the task force further revised the standards. On June 29, 2011, the WABC Professional Standards for Business Coaches were made available to WABC members as a guidance document. The standards have since undergone additional review and polishing by the WABC’s Ethics Advisor, the WABC Ethics and Integrity Committee and the Professional Standards Task Force and are now available here.

Acknowledgments and thanks

Compiling a set of coherent, realistic professional standards for business coaches is a huge and specialized undertaking. We are grateful for the wise counsel of PDF, in particular founding director David A. Lane, a renowned expert in standards research. We also commend Nicola Hurton, Reinhard Stelter and Sunny Stout-Rostron for their invaluable contributions to the discussion paper. The virtual platform that PDF provided was immensely helpful to the task force’s discussions.

This project couldn’t have happened without the unparalleled expertise of our international task force helmed by Melinda Sinclair (Canada) as chair and Wendy Johnson (WABC) as vice-chair. 

For the original guidance document, sincerest thanks go to Enrique Lopez de Los Rios (Mexico), Irene Vera (Argentina), Kate Lidbetter (United Kingdom), Keith To (Hong Kong), Paul Fisher (United States), Phyllis Campagna (United States), Robin Linnecar (United Kingdom), Stephen Parker (Denmark), Sunny Stout-Rostron (South Africa), Svenja Wachter (Germany), Ton de Graaf (Netherlands) and Trevor Childs (Belgium). 

For our final review round, sincerest thanks go to WABC’s Ethics Advisor, Errol Mendes (Canada); members of our WABC Ethics and Integrity Committee: Teruko Kachi (Japan), Margaret Miller (Canada), Phyllis Campagna (United States) and Svenja Wachter (Germany); and to the WABC Professional Standards Task Force: Kate Lidbetter (United Kingdom), Phyllis Campagna (United States), Robin Linnecar (United Kingdom), Sunny Stout-Rostron (South Africa), Svenja Wachter (Germany) and Ton de Graaf (Netherlands).

These senior business coaches brought to the table an extraordinary mix of consummate professionalism, experience in business coaching and standards, and passion for our emerging profession. They gave freely of their time, ideas and experience, and the field of business coaching will be long in their debt.

Thanks go to Frances Peck of West Coast Editorial Associates for editing various drafts of the standards and smoothly incorporating feedback from diverse reviewers. Her meticulous attention to detail and superior ability to synthesize have woven many strands into a coherent, balanced and readable document. Our thanks also to Yvonne Van Ruskenveld of West Coast Editorial Associates who skillfully handled the final editing piece.

Finally, we sincerely thank the many WABC members who took the time to review and comment on the draft standards. Their invaluable feedback was key to making sure that the standards accurately reflect the international practice of business coaching today.

On a personal note, we have both been inspired throughout this project by the tremendous commitment that business coaches show, day in and day out, to their industry and their community. That commitment is what these standards aim to capture and what is earning business coaching increased respect as a must-have business service and an emerging profession. 

We see the WABC Professional Standards for Business Coaches as the start of a collaborative conversation. Now that the standards are officially adopted, we hope to work with other like-minded business coaching organizations to arrive at a common set of standards that will steer business coaching into the future.

Looking forward,

Wendy Johnson
WABC Founder & President/CEO

Melinda Sinclair
WABC International Professional Standards Task Force Chair

WABC PROFESSIONAL STANDARDS FOR BUSINESS COACHES

PREamble

For the purposes of these standards, business coaching is defined as:

The process of engaging in regular, structured conversation with a client, with the goal of enhancing the client’s awareness and behavior so as to achieve business objectives for both the client and their organization. 

For the purposes of these standards, client is defined as:

An individual or team who is within a business, profit or nonprofit organization, institution or government and who is the recipient of business coaching.  

Business coaches are a diverse group of practitioners. They work in many sectors, including corporate, nonprofit and government, and they practice all over the world. Some are external coaches who serve a range of clients; others are internal coaches who work for one organization. Because each client is different, an effective business coach tailors each coaching engagement to meet the client’s and the organization’s needs, rather than taking a “one size fits all” approach.

Individual client circumstances and coaching styles aside, there are certain core professional standards that an effective business coach must adhere to. Members of WABC, as part of their commitment to excellence in business coaching, view the following professional standards as required practices for effective business coaches in the delivery of coaching services. WABC will oversee these standards and members’ adherence to them.

PRofessional standards

A. The Business Coach-Client Interaction

1. Professionalism and Ethics

I will apply high standards of honesty and integrity to my service provision and behavior. This means that I will:

2. Client Focus

I will put the client first while at the same time respecting the objectives of the client’s organization. This means that I will:

3. Business and Organizational Context

I will operate in the interests of the client’s business and organizational contexts. This means that I will: 

4. Business Coaching Process and Contracting

I will put into place an appropriate coaching services agreement (oral or written) to work with clients towards agreed-upon objectives. This means that I will:

B. Factors Affecting the Coaching Interaction

5. Boundaries

I operate in areas where clear boundaries need to be recognized and drawn. This means that I will:

6. Confidentiality

I will practice coaching in a way that promotes confidentiality and respects the client’s privacy. This means that I will:

7. Diversity

I will respect cross-cultural diversity and personal uniqueness at all times. This means that I will:

8. Responsibility and Respect

I have a professional responsibility to act as an effective role model. This means that I will: 

C. Developing the Profession

9. Professional Development

I am committed to professional development and to continuously enhancing my competence. This means that I will:

10. Promotion of the Profession

As a member of WABC, I am committed to the advancement of the association and the profession of business coaching. This means that I will: 

LEGAL

WABC reserves all rights in connection with the WABC Professional Standards for Business Coaches, including the right to change, replace or discontinue.

WABC BUSINESS COACHING DEFINITION

Business coaching is the process of engaging in regular, structured conversation with a “client”: an individual or team who is within a business, profit or nonprofit organization, institution or government and who is the recipient of business coaching. The goal is to enhance the client’s awareness and behavior so as to achieve business objectives for both the client and their organization.

Business coaching enables the client to understand their role in achieving business success, and to enhance that role in ways that are measurable and sustainable. The coaching process may take different forms (e.g., individual or team coaching) and involve different goals (e.g., problem solving, career and succession planning, leadership/executive development, creation of high-performing teams), but throughout there is a clear focus on the business objectives of both the client and the organization.

This dual focus is what distinguishes business coaching from other types of coaching. The business coach helps the client discover how changing or accommodating personal characteristics and perspectives can affect both personal and business processes. Successful coaching helps the client achieve agreed-upon business outcomes as an individual or team within the context of an organization.

Business coaching establishes an atmosphere of mutual trust, respect, safety, challenge and accountability to motivate both the client and the coach. To that end, the business coach must conduct an ethical and competent practice, based on appropriate professional experience, business knowledge and an understanding of individual and organizational change.

NOTE: “Business coaching” is an inclusive term that refers to all types of business and organizational coaching. It is practiced by internal and external coaches who may identify as corporate coaches, executive coaches, leadership coaches, organizational development coaches or other types of business coaches. Regardless of the practitioner’s title, business coaching is defined by its dual focus on the client and the client’s organization.

SOME BACKGROUND

Since 1997, WABC has been committed to defining and leading business coaching excellence.

In partnership with UK-based Professional Development Foundation, a leader in research and education in the professions, we spent years on research, literature reviews and consultations with top global business coaches and their clients. One result was a working definition of business coaching in October 2007. We revised the definition in 2011, while creating the WABC Professional Standards for Business Coaches. The global task force that produced the standards, and the WABC members who reviewed them, suggested valuable changes. To maintain its relevance as an accurate description of our profession, the definition will continue to evolve, so we welcome your comments and advice.

LEGAL

WABC reserves all rights in connection with the WABC Business Coaching Definition, including the right to change, replace or discontinue.

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